Infratil’s investment plans should lift gearing back to normal levels this year
Trustpower remains a long-term investment
Jenny Ruth Fri, 19 May 2017
Infratil’s gearing has risen from a “relatively uncomfortable” level but is still sub-optimal, chief executive Marko Bogoievski concedes.
Gearing rose to 36% at March 31 from 14% a year earlier and he says it should be back up above 40% within the next year or so as the company continues to